STATE LEVEL BANKERS COMMITTEE, BIHAR 55 TH REVIEW MEETING FOR THE QUARTER ENDED 31 ST DECEMBER, 2015 VENUE: HOTEL CHANAKYA, PATNA DATE: 24 TH FEBRUARY 2016 TIME: 11.00 AM STATE BANK OF INDIA SLBC DEPARTMENT (5 TH FLOOR) LOCAL HEAD OFFICE, WEST GANDHI MAIDAN P A T N A- 800 001 PH.NO. 0612-2209076 / FAX- 0612-2209075 Email-slbc.bihar@sbi.co.in WEBSITE - http://slbcbihar.com
[1] ITEM I II III A G E N D A I T E M S SUBJECT PAGE NO. CONFIRMATION OF THE MINUTES OF THE 54 th SLBC MEETING HELD ON THE 06 TH JANUARY 2016 2 ACTION TAKEN REPORT ON THE 54 th SLBC MEETING 3-5 KEY INDICATORS 6 REVIEW OF PERFORMANCE UNDER ANNUAL CREDIT PLAN: 2015-16 7-8 LBS:STRENGTHENING OF MIS 8 IV BRANCH OPENING 2015-16 9 EDUCATION LOAN 9 V HOUSING LOAN 9 VI PM S NEW 15 POINT PROGRAMME FOR THE WELFARE OF THE MINORITIES 10 VII PRADHAN MANTRI JAN-DHAN YOJNA 11 GOVERNMENT SPONSORED SCHEMES/ PROGRAMMES 12 VIII (A) PRIME MINISTER S EMPLOYMENT GENERATION PROGRAMME (PMEGP) 12 (B) NATIONAL URBAN LIVELIHOOD MISSION (NULM) 12 IX FINANCING TO SELF HELP GROUP 13 JOINT LIABILITY GROUP 13 X KISAN CREDIT CARD (KCC) 14-15 CROP INSURANCE SCHEME 15 XI DAIRY, FISHERY AND POULTRY 16 FARM MECHANISATION 16 ADVANCE GRANTED TO UNITS PROVIDING STORAGE FACILITY 16 AGRICULTURE TERM LOAN (ATL) 16 CD RATIO 17 XII RECOVERY 18 NPA, WRITE-OFF AND CERTIFICATE CASES 18-19 PRIORITY SECTOR LENDING, AGRI CREDIT, DRI SCHEME & WEAKER SECTION 19-20 XIII OPENING OF NO FRILL ACCOUNTS AND TRANSACTIONS DONE BY BCAs 21 EXTENDING MOBILE BANKING AND INTERNET BANKING FACILITY 21 XIV IMPLEMENTATION OF FINANCIAL INCLUSION PLANS IN LWE AFFECTED DISTRICTS 22 XV INVESTIGATION OF CYBER FRAUD & COUNTERFEIT NOTES DETECTED BY BANKS 23 XVI FUNCTIONING OF RURAL SELF EMPLOYMENT TRAINING INSTITUTEs (RSETIs) 23-24 XVII FINANCIAL LITERACY INITIATIVES 25 MEDIUM & SMALL ENTERPRISES 26 XVIII SMALL ROAD TRANSPORT OPERATORs (SRTOs) 26 ADVANCES GRANTED UNDER CGTMSE COVERAGE 26 MANUFACTURING SECTOR 26 XIX WEAVERS CREDIT CARD AND FOOD PROCESSING UNITS 27 XX SECURITY RELATED CONCERN OF BANKS 28 XXI SPECIAL CENTRAL ASSISTANCE (SCA) TO SPECIAL COMPONENT PLAN (SCP) FOR SCHEDULED CASTES 28 REGISTRATION OF SECURITY INTEREST WITH CERSAI 29 XXII MISCELLANEOUS ESCALATION IN STAMP DUTY PAYABLE ON SECURITY ISSUES DOCUMENTS 29 SKILL LOAN FINANCING AND START- UP INDIA PROGRAME 29 XXIII MINUTES OF 54 TH SLBC MEETING 30 CALANDER OF SLBC MEETINGS AND DLCC & DLRC MEETINGS 30
[2] STATE LEVEL BANKERS COMMITTEE 55 TH REVIEW MEETING NOTES ON AGENDA ITEMS AGENDA-I CONFIRMATION OF MINUTES OF THE 54 TH STATE LEVEL BANKERS' COMMITTEE MEETING HELD ON 06.01.2016 The House may please confirm the Minutes of the 54 th State Level Bankers Committee meeting held on the 6 th January, 2016.
AGENDA-II [3] ACTION TAKEN REPORT ON THE ACTION POINTS OF 54 TH SLBC MEETING HELD ON 06.01.2016 AT PATNA [1] ACTION POINT: Banks should put in concerted efforts to ensure achievement of 100% target set under ACP for 2015-16. (Action: All Banks) ACTION TAKEN: -- Due to sincere efforts made by Banks in the State, ACP achievement till Dec 15 has been to the tune of 69.26% of the annual targets as compared to achievement of 69.81% target up to the Dec 2014 quarter. In absolute terms 13% increase in disbursement is observed up to the Dec 2015 quarter over the corresponding period last year. [2] ACTION POINT: The Banks should give focus on financing Dairy, Fishery and Poultry schemes in order to achieve the ACP target under Allied activities. (Action: All Banks) ACTION TAKEN: - Up to the quarter ending December 2015, the Banks in the State have extended credit to the tune of Rs.29078 Cr under Agriculture segment as compared to Rs. 25546 Cr provided during the same period last year, thus registering a growth of 14%. [3] ACTION POINT: Banks to ensure achievement of target under Branch opening for FY 2015-16. (Action: All Banks) ACTION TAKEN: - Up to Dec 2015, Banks have opened only 302 new branches. Banks are requested to speed up the opening of new branches to achieve the annual target. [4] ACTION POINT: Banks to ensure opening of B&M branches in 13 uncovered blocks in the State by 31.03.2016. (Action: Banks having lead Bank responsibility of districts having these uncovered blocks) ACTION TAKEN: - Banks having lead bank responsibility in their areas are requested to give top priority in opening of B&M branches in 13 uncovered blocks in the State by 31.03.2016. However, PNB has advised vide their letter dated: 09.02.2016 (copy enclosed), six blocks namely Kaisath, Mohra, Ben, Tharthari, Mescore, Kshichak, Ramgarh have already branches. [5] ACTION POINT: SLBC to prepare a roadmap for opening of B&M branches in all uncovered villages having population above 5000 and advise the same to RBI & Banks in the State by 31.01.2016. (Action: SLBC) ACTION TAKEN: -SLBC has distributed the target for opening of B&M branches in all uncovered villages having population above 5000 among banks and advise the same to RBI.
[4] [6] ACTION POINT: Banks to give top priority in seeding of Bank accounts with Aadhar numbers. (Action: All Banks) ACTION TAKEN: - All banks are requested to speed up the seeding of Bank accounts with Aadhar numbers. [7] ACTION POINT: Security Audit at branches should be conducted at regular intervals to avoid lapses in internal security. (Action: All Banks) ACTION TAKEN: - All banks to ensure conduct of security audit at branches on regular intervals to avoid lapses in internal security. [8] ACTION POINT: Banks to analyse area wise and sector wise NPA position and submit it to the State Government for effective monitoring of NPAs. (Action: All Banks) ACTION TAKEN: - All banks are requested to prepare an area wise and sector wise NPA position and submit it to the State Government latest by 15.04.2016 for effective monitoring of NPAs. [9] ACTION POINT: Banks to ensure achievement of target under Education loan for FY 2015-16. Bottlenecks in sanction/ disbursement should be removed. Private Banks to give priority in achievement of target for the current FY. (Action: All Banks) ACTION TAKEN: - Up to Dec 2015, against the target of 50000, banks in the state have provided loan to 19122(38.25%) under Student Loan scheme. Banks are requested to speed up the sanction of proposal of Education Loan to achieve the annual target. [10] ACTION POINT: Banks to give more focus on advances under DRI schemes to achieve the benchmark of 1% of total aggregate advances during previous year. (Action: All Banks) ACTION TAKEN: - Against the target of 85.06 cr which is 1% of aggregate advances of Rs.85065.82 cr during the previous year, banks have disbursed 53.95 cr(0.06%) up to Dec 2015. All banks are requested to give adequate attention on this area and achieve the benchmark under DRI scheme. [11] ACTION POINT: Banks to ensure organising weekly Camp by all agri lending branches for Agri business loans. Field functionaries of the State Govt and Banks to participate in the camp for generating loan applications from the service area of the Branch. (Action: All Banks & State Govt.) ACTION TAKEN: - All banks are requested to ensure organising weekly Camp by all agri lending branches on each Wednesday for Agri business loans to enhance financing under Agri loans.
[5] [12] ACTION POINT: Rupay cards to be issued to all eligible farmers, while issuing and renewal of KCC. (Action: All Banks) ACTION TAKEN: - The Banks have issued 969732 ATM cards to farmers up to Dec 2015. All Banks are requested to issue Rupay Cards to all the eligible KCC borrowers [13] ACTION POINT: Notification on waiver or reduction of stamp duty on nonagriculture sector loans to be issued. (Action: State Government) ACTION TAKEN: - The matter is still unresolved. The State Govt. is requested to revisit the hike in stamp duty, to remove bottlenecks under smaller non agriculture loans. [14] ACTION POINT: Notification to be issued by the State Govt. with regard to implementation of Interest Subvention scheme in the accounts of Self Help Groups, in the 27 non-iap districts, on the same line as in the 11 IAP districts. (Action: State Government) ACTION TAKEN: - Notification on the matter is still awaited from State Govt. [15] ACTION POINT: Banks to ensure feeding of proper product code while opening of SHG accounts in the system to avoid problems in interest subvention. (Action: All Banks) ACTION TAKEN: - All banks to ensure feeding of proper product code while opening of SHG accounts in the system to avoid problems in interest subvention. [16] ACTION POINT: Banks to ensure participation of senior level officers at BLBC/DLCC meeting in the District. (Action: All Banks) ACTION TAKEN: - All banks are requested to ensure participation of senior level officers at BLBC/DLCC meeting in the District. [17] ACTION POINT: Necessary instruction to be issued to the district authorities for disposal of pending certificate cases already provided to SDC-Banking of each district. (Action: State Government) ACTION TAKEN: - No information on this count has been received by SLBC.
[6] STATE LEVEL BANKERS COMMITTEE, BIHAR KEY INDICATORS (ALL BANKS) Sl. No. ITEMS DEC 14 DEC 15 (Rs. in Crore) Bench -mark 1 DEPOSITS 201083.69 226259.30 2 ADVANCES 72560.31 87766.27 3 ADVANCES INCLUDING ADVANCES GRANTED TO UNITS IN BIHAR BY BRANCHES OPERATING OUTSIDE BIHAR 80329.12 95214.59 4 ADVANCES INCLUDING RIDF 84748.12 100091.59 5 CD RATIO 42.14% 44.24% 6 PRIORITY SECTOR ADVANCES 50523.24 60560.55 7 SHARE OF PSA IN TOTAL ADV (SL.NO.2)(%) 69.62% 69.00% 40% 8 AGRICULTURAL ADV. 28588.58 32969.66 9 SHARE OF AGL. ADV IN TOTAL ADV (SL.NO.2) (%) 39.40% 37.57% 18% 10 MSME ADV. 11951.02 19894.41 11 SHARE OF MSE ADV. IN PSA (%) 23.65% 32.85% 12 ADV. TO WEAKER SEC. 21099.69 25546.61 13 SHARE OF WEAKER SEC. IN PSA (%) 41.76% 42.18% 25% 14 DRI ADV. 67.01 53.95 15 SHARE OF DRI ADV TOTAL ADV (Sl.No.2) (%) 0.10% 0.06% 1% 16 ADV. TO WOMEN (DISBURSEMENT) 3340.24 2582.11 17 SHARE OF ADV. TO WOMEN IN DISBURSEMENT (%) 6.47% 8.87% 5% 18 TOTAL NUMBER OF BRANCHES 6169 6596 A RURAL 3585 3666 B SEMI-URBAN 1427 1660 C URBAN 1157 1270
AGENDA-III [7] REVIEW OF PERFORMANCE UNDER ACP DURING THE FINANCIAL YEAR 2015-16 UP TO DECEMBER 2015 The performance of Banks under the Annual Credit Plan 2015-16 up to December 2015, is as under:- (Rs. in Crore) Banks Target Achievement % Ach. Comm. Banks 65032 44704 68.74 Co-op. Banks 1000 293 29.29 RRBs 17968 13180 73.36 Total 84000 58177 69.26 Sector-wise break-up of targets and achievement: (Rs. in Crore) Sector Target Achievement % Ach. Agriculture 42500 29078 68.42 SME 12000 10072 83.93 OPS 7500 4740 63.20 TPS 62000 43890 70.79 NPS 22000 14287 64.94 Total 84000 58177 69.26 Bank-wise and district-wise position is furnished on Page- 8A to 8D. Banks Target COMPARATIVE PERFORMANCE UNDER ACP As on Dec 2015 vis-a-vis Dec 2014 (Rs. in Crore) 2015-16 2014-15 YOY Ach. % Ach Target Ach. % Ach increase in disb. (%) Comm 65032 44704 68.74 57166 38740 67.77 15% Co-op 1000 293 29.29 1003 259 25.81 13% RRBs 17968 13180 73.36 15831 12657 79.95 04% Total 84000 58177 69.26 74000 51656 69.81 13%
[8] SECTOR-WISE PERFORMANCE: (Rs. in Crore) 2015-16 2014-15 YOY increase Sector Target Ach. % Ach Target Ach. % Ach in disb. (%) Agl. 42500 29078 68.42 36000 25546 70.96 14% MSE 12000 10072 83.93 8500 6869 80.81 47% OPS 7500 4740 63.20 7500 4905 65.40-03% TPS 62000 43890 70.79 52000 37320 71.77 18% NPS 22000 14287 64.94 22000 14336 65.17 00% Total 84000 58177 69.26 74000 51656 69.81 13% The overall achievement of target during the period under review is 69.26%, as against 69.81% recorded during corresponding period last year. In absolute terms, Banks have disbursed substantially higher quantum of loan (6521 Cr. i.e 113% of last year) during the period under review, than that of last year. It may be observed that all banks i.e Commercial Banks, Co-op Banks & RRBs have recorded growth in their loan disbursements vis-a-vis their performance over the same period last year. Sector-wise performance growth in all segments except OPS and NPS has been quite healthy. LEAD BANK SCHEME: STRENGTHENING OF MONITORING INFORMATION SYSTEM (MIS) In terms of RBI s instructions in this regard, the LBS MIS- I, II & III of the state has been prepared and is placed at page No. 8E to 8H of the Agenda Book for information of the House. LBS-IV and V which relates to financial inclusion, is also placed at page no. 8I to 8 P of the Agenda Book.
[9] AGENDA-IV PROPOSED BRANCH OPENING DURING FY 2015-16 Against the annual target of opening of 527 branches, in 2015-16 Banks have opened 302 branches (Page No.-9A) during the period under review, which is 57% of the total target for FY 2015-16. Since the Banks have set their own target for opening of branches during FY 2015-16, they are requested to give more thrust in opening of branches during the remaining part of FY to achieve the targets. While opening the brick & mortar branches in rural areas during the current year all Banks are requested to give preference to unbanked villages having population of 5000 & above a detailed list of which has already been provided. The Bank & District-wise information on Branch Network, ATM Network, ATM Card issued and Point of Sale Terminals is placed at Page No. 9B & 9C for information. The Minutes of the 26 th Sub-committee meeting on Branch Opening and IT enabled financial inclusion held on 20.01.2016 is placed at page no. 9G to 9H for information of the House. EDUCATION LOAN Providing Education loan to the meritorious and needy students to enable them meet the expenses of higher studies not only in the State but also outside the State in India and abroad is one of the priorities of the Banks in the state. A copy of the Bank-wise target and achievement thereagainst is placed at page No. 9D of the Agenda Book. During the FY 2015-16, Education Loan amounting to Rs 834.80 Crores was sanctioned to 19122 students and loan amounting to Rs. 673.27 Crore were disbursed among 19013 students. The achievement of all banks taken together is 38.25% of the targets allocated. It is below the level achieved during the corresponding period of last year. It was suggested by Chief Minister, Bihar during 52 nd SLBC that the quantum of sanction of Education loan needs to be enhanced but banks performance shows it otherwise. Controlling Head of all banks are requested to give focussed attention to financing under Education Loan in order to cover all the deserving student and to achieve the allotted target for the year. The bank-wise data on outstanding amount of Education loan as on 31.12.2015 is placed at page no.9e of Agenda Book. HOUSING LOAN Loan amounting to Rs.2095.25 Crore was sanctioned to 10998 beneficiaries by Banks during the FY 2015-16, which shows an achievement of 46%of the target allocated. Out of these, Housing Loan amounting to Rs. 1752.68 Cr has been disbursed among 10079 beneficiaries. The Bank-wise performance during the review period is placed at Page No. 9F. AGENDA-V
[10] AGENDA-VI PM S NEW 15-POINT PROGRAMME FOR WELFARE OF MINORITY COMMUNITY In accordance with the guidelines issued by the Government of India in this regard, Banks have to ensure that within the overall target for Priority Sector lending (PSA), 15% of PSA is provided to Minority Communities. With this objective in view, 121 minority concentrated districts in the country have been identified exclusively for monitoring the credit flow to minority communities. In Bihar, the following seven districts are identified for the purpose :-(i) Kishanganj (ii) Araria (iii) Purnea (iv) Katihar (v) Sitamarhi (vi) Darbhanga and (vii) West Champaran. In these identified districts, total priority sector loans (PSA) outstanding as on 31.12.2015 was Rs 8845.96 Crore (No. of borrowers:1069306) out of which loans amounting to Rs.4052.42 Crores (46% of PSA) were provided to 459141 (43%of PSA) borrowers belonging to minority communities. The amount provided to minority communities by banks in the above mentioned districts ranges from 33 to 73%. Thus, all the districts have achieved the target of providing more than 15% of their priority sector loans to persons belonging to minority communities. District-wise performance regarding loans extended to minority communities in the identified districts is furnished below. SL. No. Minority Concentrated Districts in Bihar LENDING TO MINORITY COMMUNITIES AS ON 31 st DEC 2015 (Amt. in Lacs) Priority Sector Advance (A) Out of (A) Total Advances to Minority (B) %age Share of Minority Advance ( B to A ) No. Amt. No. Amt. No. Amt. 1 ARARIA 84523 83667 60011 49363 71 59 2 PURNEA 152427 150967 62495 63406 41 42 3 KATIHAR 236335 131062 70900 52424 30 40 4 KISHANGANJ 89190 66530 64216 48566 72 73 5 DARBHANGA 250151 203675 105063 97764 42 48 6 SITAMARHI 96957 103065 26178 34011 27 33 7 W CHAMPARAN 159723 145630 70278 59708 44 41 TOTAL 1069306 884596 459141 405242 43 46
[11] AGENDA-VII PRADHAN MANTRI JAN-DHAN YOJANA Three Social Security Schemes were launched by the Hon ble Prime Minister on 09.05.2015 as a second phase of PMJDY. PRADHAN MANTRI SURAKSHA BIMA YOJNA Under the scheme, persons having savings bank account and aged between 18 to 70 yrs can be insured for a sum of Rs.2.00 lacs against accidental death on a payment of small premium of Rs.12/-per year. The coverage is available also in case of complete or partial disability. The premium is to be debited automatically from the SB A/C on the basis of authorisation by the customer. The insurance is is renewable. PRADHAN MANTRI JIVAN JYOTI BIMA YOJNA This scheme also provides an insurance coverage at very low premium. Under the scheme any saving bank account holder aged between 18 to 50yrs can be insured for a sum of Rs.2.00 lacs against death on a payment of yearly premium of Rs.330/-.The premium is to debited from his saving account. The insurance will be valid from 1 st June to 31 St May each year and is renewable.the last date for enrollment without good health certificate has been extended up to 31.12.2015. ATAL PENSION YOJNA Persons aged between 18 to 40 yrs not having any social security coverage are eligible under this scheme. The scheme is mainly targetted to workers of unorganised sector.after attaining the age of 60yrs the contributor will get a pension between 1000 to 5000 P.M. depending upon his monthly contribution.after the death of pensioner and his spouse their nominee will be paid a lump-sum amount. The data of enrollment as on 31.12.2015 for these three schemes is placed on page no.11a information of the house. EXTENSION OF BANKING SERVICES TO ALL THE REMAINING UNBANKED VILLAGES IRRESPECTIVE OF POPULATION CRITERIA BY AUGUST 2015; Reserve Bank of India has instructed for providing banking facilities in all the remaining unbanked villages irrespective of population criteria i.e. all villages with population below 2000 by 14 th August 2015 instead of earlier guidelines to cover by March 2016. All Banks have submitted their position as on 30.09.2015 o/a providing banking services in villages with population below 2000. The total no. of such identified villages is 27343. Till Sep 2015 27339 such villages were covered by the Banks. Bank-wise allotment and progress as on 31.12.2015 is placed at Page No11J for information of the House. OPENING OF BRICK & MORTAR BRANCHES IN VILLAGES WITH POPULATION 5000 & ABOVE: SLBC convenor Banks were advised vide circular FIDD.CO.LBS.BC. NO.82/02.01.001/2015-16 dated 30 December 2015 (copy enclosed)to prepare a roadmap to provide banking services in all unbanked villages with population above 5000 through scheduled commercial banks. In this connection 1640 such villages were identified in accordance with data collected through all 38 LDM s.the list of villages allotted have been provided to all banks with instruction to complete the task before March 2017.All Bank have to provide quarterly progress data to SLBC for compilation and onward submission to RBI.
[12] AGENDA-VIII GOVT. SPONSORED SCHEMES/ PROGRAMMES (A) PRIME MINISTER S EMPLOYMENT GENERATION PROGRAMME (PMEGP) Against the physical target of 3026 projects for FY 2015-16, Banks have sanctioned 1708 projects amounting to Rs. 121.62 Cr, which is 56% of the target. The information regarding loan sanctioned & disbursed by Banks is provided on Page No. 12A of the Agenda Book for information of the House. Generation of loan applications, their e-tracking & sending to the concerned branches need immediate attention of the implementing agencies viz. KVIC, DIC & KVIB. The District Task Force Committee (DTFC) meeting should be organised and applications generated in adequate number. Banks are requested to ensure early disposal of applications after receipt of the same from DTFC. Bank branches should also endeavour to generate application from suitable persons so that the scheme is implemented in proper manner. As undergoing EDP training from RSETI has been made compulsory before disbursement of PMEGP loan, all concerned are requested to utilise the services of RSETIs functioning in all districts for imparting EDP to the PMEGP beneficiaries. It should also be endeavour of the bank to obtain the application from the persons trained from RSETIs for loans to be sanctioned under PMEGP. PUTTING OF DATA IN E-TRACKING IS NOT UP TO MARK. KVIC needs to strengthen the system of data inputting in e-tracking. As discussed in earlier meetings, the application originating entity i.e DIC, KVIC and KVIB is not endorsing the copy of letter forwarding of application to the branches to their Controlling Authority. As such proper monitoring is becoming difficult. Even the SLBC has asked for the branch wise data of the application sent by DICs, but they have submitted only the bank wise data to SLBC which is serving no purpose. They are requested to give SLBC the granular data i.e. branch wise so that effective follow up can be done by SLBC. (B) NATIONAL URBAN LIVELIHOOD MISSION (NULM)-SELF EMPLOYMENT PROGRAMME Urban SHGs are to be provided financial support under the National Urban Livelihood Mission (NULM) and the target in this regard has been given to the state by Govt. of India. In 42 Urban Local Bodies (ULBs) the state has been given target for financing under Self Employment Program (SEP), Social Mobilization & Institution Development (SM&ID) and Support to Urban Street Vendors (SUSV). As allocation of wards has been done among the banks, the applications pertaining to a specific ward should be disposed by the bank/bank branch which has responsibility of the ward.
[13] AGENDA-IX FINANCE TO SELF HELP GROUPS (SHGs) SHGs play a very crucial and effective role in providing timely and adequate credit and other financial services to the vulnerable and weaker sections resulting in overall economic development of the society and Banks play a facilitating role through credit linkages to them. Banks have opened savings bank account of 81815 SHGs and have credit-linked 38475 SHGs up to the third quarter of financial year 2015-16, with total Bank-finance of Rs. 210.76 Crore. Bank wise SHG savings and credit-linkage, on the basis of data provided by BRLPS, up to the third quarter of financial year is furnished on Page 13A. The Reserve Bank of India has already advised the detailed guidelines for operationalisation of the Interest Subvention Scheme under NRLM for SHG credit. All Banks are requested to provide the stipulated interest- subvention to all eligible SHG accounts. The Minutes of the 26 th Sub-committee meeting on SHGs and RSETI held on 20.01.2016 is placed at page no. 13C to 13E for information of the House. JOINT LIABILITY GROUP Against the yearly target of 75,000 units, Banks have sanctioned 26587 number of JLGs amounting to Rs. 367.29 Crores up to the third quarter of financial year 2015-16. The RRBs have performed much better than the Commercial Banks with regard to credit linkage of JLGs & SHGs. As SHG & JLG are important tools to reach the so far financially excluded rural people, all Banks are requested to reach out of the weaker sections of the society through these two routes during 2015-16. The Bank-wise performance under JLG is placed at Page No 13B for information of the House.
[14] AGENDA-X KISAN CREDIT CARD (KCC) REVIEW OF PROGRESS AS ON 31.12.2015 A summarised statement of Kisan Credit Cards issued by Commercial Banks, RRBs and Co-operative Banks, vis-à-vis their respective targets, during FY 2015-16 is given below: Sanctioned (No.) % Target (No.) Banks Achievement New New Renewal TOTAL New Comm. Banks 918914 373782 429873 803655 40.68 RRBs 527226 200919 775132 976051 38.11 TOTAL 1446140 574701 1205005 1779706 39.74 Co-op. Banks 53860 8224 113744 121968 15.27 GRANDTOTAL 1500000 582925 1318749 1901674 38.86 It is evident from the above Table that Banks operating in the state have sanctioned loans to a total of 1901674 beneficiaries (New-582925 & Renewal-1318749) under KCC amounting to Rs. 16426.21 Crore up to the third quarter of FY 2015-16. Bank-wise & District-wise performance is furnished on Page No. 15A & 15B. PROVIDING KCC TO ALL ELIGIBLE AND NON-DEFAULTER FARMERs In the light of the directives issued by the Ministry of Finance, Government of India, Kisan Credit Card is to be provided to all eligible and non-defaulter farmers. Modified Common Application Form, format of affidavit (for loan upto Rs. 50,000) and Checklist for KCC loan has been provided to the Agri Department, GoB with a request to circulate the same down the line to facilitate generation of loan applications from all eligible farmers. The Agriculture Department, GoB has been requested to provide village-wise list of eligible farmers to Banks, to enable them to extend credit facility to all such farmers. The Revenue & Land Reforms Department, GOB is requested to arrange for timely issuance of the LPCs by the concerned authorities on the prescribed formats, incorporating all required particulars.
[15] ISSUANCE OF ATM CARDS TO KCC HOLDERS As per RBI instructions, all KCC borrowers are to be issued ATM cum Debit Cards. The Bank-wise information on ATM Cards issued to KCC borrowers is placed at Page No 15C of the Agenda Book for information of the House. All Banks are requested to ensure that ATM cards are issued to all eligible KCC borrowers both at the time of new sanction as well as at the time of renewal. CROP INSURANCE SCHEME The Cooperative Department, Government of Bihar has allotted all districts of the State under the National Agriculture Insurance Scheme (NAIS) to Agriculture Insurance Company of India Ltd vide their Notification No. 1607 dated 19.05.2015. As per information received from Patna Regional Office of Agriculture Insurance Company of India Ltd, 1650832 farmers have been covered under NAIS Kharif 2015, 1650832 farmers have been extended the benefit of crop insurance coverage under NAIS Kharif 2015. The information on crop insurance received from Agriculture Insurance Company of India Ltd are as under: NAME OF THE INSURANCE COMPANY Agriculture Insurance Company Of India Ltd NO. OF FARMERS WHOSE CROPS INSURED AREA (IN HA.) SUM INSURED (IN CR) 1650832 1498093.65 5835.38 Controlling Head of all banks operating in the State have been requested to instruct their operating functionaries to ensure to cover all the crop loans under crop insurance and the claims of agriculture crop insurance should be credited into the beneficiary s account within 15 days of receipt of claim and no interest should be charged in the loan account of borrowers on the claim amount, for the period beyond 15 days of receipt of claim till the date of credit. In case of interest being applied on the claim amount credited with delay beyond 15 days, it should be refunded to the beneficiaries. Controlling Head of all banks operating in the State have also been requested to instruct their operating functionaries to ensure submission of statement of crop insurance at monthly intervals to the Insurance Companies. It should also be ensured that the statement so submitted is complete in all respects. The Minutes of the SLBC Sub-committee meeting on Agriculture held on 25.11.2015 is placed at page no. 15E to 15G for information of the House.
[16] AGENDA-XI DAIRY, FISHERY & POULTRY Banks have sanctioned loans amounting to Rs 327.60 Crore to 12944 beneficiaries under various Dairy schemes, Rs12.72 Crore to 377 beneficiaries under Fishery schemes and Rs. 167.58 Crore to 4316 beneficiaries under Poultry schemes up to the third quarter of FY 2015-16. Bank wise performance is furnished on page no. 16A to 16C. All banks are requested to increase their lending under these sectors to achieve their annual target. FARM MECHANISATION Against the financial target of Rs.2902.44 Crore for the year 2015-16, Banks have sanctioned loans amounting to Rs. 578.74 Crore to 18739 farmers for purchasing farm equipments. Bank-wise target and performance is furnished on Page no. 16D for information. Controlling head of all Banks are requested to advise their branches to initiate requisite measures to increase lending under the scheme. ADVANCES GRANTED TO UNITS PROVIDING STORAGE FACILITY Banks have sanctioned loans amounting to Rs. 94.99 Crore to 115 farmers for storage facility up to the third quarter of financial year 2015-16. All banks are requested to pay more attention towards financing under the scheme as there is a huge demand for storage facility. Bank- wise target and performance is furnished on Page No. 16E for information. AGRICULTURE TERM LOAN (ATL) Against the financial target of Rs.14651.10 Crore for the year 2015-16, Banks have sanctioned loans amounting to Rs. 12123.12 Crore to 535621 farmers. Bank-wise target and performance is furnished on Page no. 16F for information.
[17] AGENDA-XII CD RATIO (As on 31.12.2015) (Rs. in Crore) Bank Deposits Advances CD ratio Comm. Banks 201528 81776 40.58 Co-op. Banks 2089 1163 55.68 RRBs 22642 12275 54.22 Total 226259 95214 42.08 RIDF ------- 4877 ----- Total (Advances +RIDF) 226259 100091 44.24 Investment ------- 6634 -------- Grand Total (Adv.+RIDF+Inv.) 226259 106725 47.17 As at the end of Dec 2015, CD Ratio of the state stood at 44.24% which shows an increase of 210 basis points as compared to Dec 2014. If write-off to the tune of Rs.153.03 Crores had not taken place during the period, the CD ratio of the State would have increased by another 06 bps. The CD ratio of the State would have improved further by 282 basis points, had the State Government utilised the total amount of Rs.11273.55 Crore (as on 31.12.2015), sanctioned under RIDF. As on 31 st Dec, 2015 only 43% of the amount sanctioned under RIDF was utilised by the Government of Bihar. Controlling Head of Bank having lead responsibility in the district is requested to instruct the LDM to coordinate with all Banks operating in the district and intensify efforts to adopt suitable strategies for improving CD ratio in the district. Among banks Andhra Bank (18.86%) have CD Ratio less than 25%. Andhra bank is requested to step up their effort to improve CD Ratio substantially. Bank-wise and district-wise details are furnished on Page no. 19A to 19E. It is pertinent to mention here that an amount of Rs.7448.32 Crores have been financed to units functioning in Bihar by SBI, PNB, Allahabad Bank, Corporation Bank, Indian Overseas Bank, IDBI bank, State Bank of Bikaner & Jaipur, Federal Bank and Axis Bank by their branches operating outside the State and the amount has been taken into account for calculating the CD ratio as per guidelines issued by the Reserve Bank of India vide their circular No.-RPCD.LBS.BC.No.47/02.13.03/2005-06 dated 9 th November 2005.
[18] NPAs & WRITE-OFF As on 31.12.2015, overall position of NPAs and the amount of loans written off is as under: (Rs. in Crore) Banks Total Adv. Total NPA % of NPA Amt. written-off Comm. Banks 74328 5027 6.76 153 Co-op. Banks 1163 254 21.85 0 RRBs 12275 1071 8.73 0 Total 87766 6352 7.24 153 NPA of Banks at 7.24% is a matter of great concern. All steps should be taken for bringing the NPA level below 3%. Amount Written off and Segment-wise details of NPA amount is furnished on Page No. 19F for discussion and review by the House. CERTIFICATE CASES & DISPOSAL OF TOP 10 CASES As on 31.12.2015, overall position of Certificate Cases filed by all Banks is furnished below: (Rs. in Crore) Banks Total Cases (No.) As on 30.09.2015 Total Cases (Amount) As on 30.09.2015 Cases filed (No.) (During the quarter) Cases filed (Amount) (During the quarter) Cases disposed of (No.) (During the quarter) Cases disposed of (Amount) (During the quarter) Pending Cases (No.) As on 31.12.2015 Pending Cases (Amount) As on 31.12.2015 Comm 355643 1928.93 21121 140.44 2759 21.51 374005 2047.86 Co-op 34614 70.12 1423 5.53 0 0 36037 75.65 RRBs 23867 38.49 872 6.92 893 2.29 23846 43.12 Total 414124 2037.54 23416 152.89 3652 23.80 433888 2166.63 It is evident from the above Table that during the third quarter of FY 2015-16, 23416 cases were filed and 3652 cases were disposed off and 433888 cases involving Rs. 2166.63 Crore are pending at different stages. A disturbing trend in this data is that the disposal rate of certificate cases is much slower than the fresh cases filed, which results in increasing the no. and amount of pending cases in each successive quarter. This large amount of bad loans, if recovered and recycled, can further enhance disbursements by Banks. The list containing details of top 10 Certificate Cases of each district has been provided to the SDC-Banking of the respective districts for effecting recovery in these cases. However, very meagre recovery has been made in these accounts despite regular follow up by Banks at the district level. The State Government is requested to instruct the district-administration of all districts to initiate requisite steps at their end for early disposal of the top 10 Certificate Cases. At the same time, Block-level recovery camps on the lines of credit camp, need to be organised which will help Banks in
[19] improving their asset quality besides conveying a message to the borrowers, for timely repayment of loans. Bank-wise no. & amount of pending certificate cases pending with amount is furnished on Page No. 19G. PRIORITY SECTOR LENDING As on 31.12.2015, the Benchmark of 40% for Priority Sector advances has been achieved by majority of the Banks. The House may notice that the ratio of Priority Sector advances to total advances is as high as 69.00% in the State, which is well above the Benchmark. Bank-wise position is furnished on Page No. 19H & 19I. AGRI CREDIT At the State level, the ratio of Agri Credit to Total Advances stands at 37.57% as on 31.12.2015, against the national benchmark of 18%. However, a few Banks have failed to achieve the benchmark. Bank-wise position is furnished on Page No19H. DIFFERENTIAL RATE OF INTEREST (DRI) As on 31.12.2015 the aggregate advances level under DRI Scheme stands at Rs. 53.95 Crore, which is 0.06% of the total advances of Rs.87766.27 Crore as on 31.12.2015. A total of 2079 beneficiaries were provided loans amounting to Rs. 15.19 Crore under DRI Scheme during the period under review. Out of this, 71 beneficiaries were provided credit support of Rs. 0.14 Crore to complete their dwelling units under Indira Awas Yojana. Banks should provide more loans under the Scheme to the needy and eligible beneficiaries, and ensure maximum coverage of people belonging to SC/ST and women categories, apart from providing top-up Loans to the beneficiaries of Indira Awas Yojana. Also, Banks should step up financing to the rural artisans like carpenters, blacksmiths, washermen, cobblers etc. under the Scheme. Bank-wise position is furnished on Page No. 19I & 19J. WEAKER SECTION Total loan extended by Banks to the weaker section, as on 31.12.2015 was Rs. 25546.61 Crore out of the aggregate advances of Rs.87766.27 Crore i.e. 29.11% of the total advances, against the benchmark of 10%. Further, as percentage of Priority Sector Advances, the achievement comes to 42.18% which is much better than the Benchmark of 25%. Bank-wise position is furnished on Page No. 19I.
[20] AGENDA-XIII OPENING OF NO-FRILL ACCOUNTs AND TRANSACTIONS DONE BY BCAs As per information received from Banks, a total of 5163545 No-Frill accounts were opened up to the third quarter of FY 2015-16. Thus, a total of 33287554 No-frill accounts have been opened till 31.12.2015 cumulatively. Out of these, 23766605 accounts are operational. Bank & District-wise details with respect to No Frill accounts opened and transactions carried out by BCAs is furnished on Page No. 20A to 20D. EXTENDING MOBILE BANKING AND INTERNET BANKING FACILITY All Banks should extend mobile Banking and internet Banking facility to customers as these are not only cost-effective but also adds to customer-convenience. As per information received by SLBC, Banks have provided Mobile Banking facility to 1464574 customers whereas the facility of Internet Banking has been provided to 1947679 customers. Controlling Head of all Banks operating in the State are requested to bestow their attention and initiate requisite steps for extending these facilities further as it would facilitate the service delivery of Banks. Bank-wise information regarding Mobile Banking and Internet Banking facility provided, is furnished on Page 20E.
[21] AGENDA-XIV IMPLEMENTATION OF FINANCIAL INCLUSION PLANS IN LWE AFFECTED DISTRICTS The Government of India is regularly reviewing the progress made in implementing Financial Inclusion in Left Wing Extremist (LWE) affected districts in the State of Bihar with a focus on development of Infrastructure, Credit availability, Advocacy, Livelihood development etc. There are 15 LWE affected districts in Bihar. Banks operating in these districts are implementing financial inclusion plans on a priority basis for extending Banking facilities to these LWE affected areas. Credit extension by Banks during the 3rd Quarter of financial year 2015-2016 in these districts is furnished below, which shows improvement in all the districts, over the same period during the last Financial Year: Disbursement Disbursement under ACP during under ACP during Growth District the Year ended the Year ended (%) SL. DEC 2015. DEC 2014. No. (Rs. in Lakh) (Rs. in Lakh) 1 Arwal 37464 30689 22.07 2 Aurangabad 134097 121744 10.14 3 Bhojpur 166161 153036 08.57 4 East Champaran 226989 185856 22.13 5 Gaya 221549 196760 12.60 6 Jamui 63901 62741 1.84 7 Jehanabad 68290 49662 37.51 8 Kaimur 149191 115789 28.84 9 Munger 88041 70299 25.23 10 Nalanda 127395 116573 9.28 11 Nawada 67257 62848 7.01 12 Patna 948597 922806 2.80 13 Rohtas 198486 167385 18.58 14 Sitamarhi 98823 95037 4.00 15 West Champaran 187567 184400 1.71 TOTAL 2783808 2535625 9.78 It is evident from the above that Banks have extended higher quantum of credit as compared to last year in the LWE affected Districts.
[22] AGENDA-XV INVESTIGATION OF CYBER FRAUD & COUNTERFEIT NOTES DETECTED BY BANKS As per the suggestion of DFS, Govt. of India, investigation of cyber frauds and other related issues is a regular agenda item of all SLBCs across the country. Controlling Head of all Banks operating in the State are requested to bring to the notice of the State Government occurrences of cyber fraud and detection of counterfeit notes so that appropriate steps may be initiated by the Government in this regard. At the State Head Quarter a separate wing has been established for speedy investigation and disposal of cases related to cyber crime. AGENDA-XVI FUNCTIONING OF RURAL SELF EMPLOYMENT TRAINING INSTITUTEs (RSETIs) RSETIs are functional in all the 38 districts of the State. They are engaged in skill development of the unemployed youth for undertaking self employment venture/ wage employment. Up to the quarter ending Dec 2015 of the financial year, 755 training programmes have been organised and 20098 youth were imparted training by the RSETIs. Altogether 112389 persons have been trained by the RSETIs in the State by organizing 4067 programmes since inception. The detailed information pertaining to RSETIs in the State is placed on Page No. 23A for information. Controlling Head of all Banks operating in the State have been requested to arrange to issue instructions to all their branches to sponsor at least 5 trainees in a financial year to the RSETI functioning in the district and also to provide credit-linkage to at least 5 RSETI trained persons in a financial year. This will help the trained youth to start their own venture and also improve the grading of RSETIs as settlement of trainees is a key parameter for grading by GoI. Under the PMEGP Scheme, the beneficiaries are to be provided training before loan is disbursed to them. The KVIC, KVIB & DIC are requested to utilise the Training facilities available at the RSETIs for PMEGP beneficiaries.
[23] LAND ALLOTMENT AT RSETIs Allotment of land has already been done in all 38 districts of the state, out of which construction of RSETI building has started in 20 districts. However, the encroachment in the allotted land for RSETI at Jamui has come in the way of construction of building. At Nawada & Bhagalpur, land has been identified but allotment is pending with the State Govt. The allotted land at Patna is bifurcated by NH, therefore, fresh allotment is required. The State Govt. is requested to advise the District Administration of these district to make available/relocate land at the earliest so that building of RSETI may be constructed thereat. All Banks which have been provided with land and fund, are requested to complete construction of RSETI building at the earliest. MoRD, Govt. of India has now issued specific instructions for withdrawal of fund from the banks where construction work does not commence on or before 01.07.2015 and completed before 30.06.2016. Banks are requested to start construction of the building at the earliest in order to avoid withdrawal of fund by Govt. of India. REIMBURSEMENT OF EXPENSES The State Govt. has directed the District Magistrates of all districts for payment of training expenses to concerned RSETIs. However there are still many instances of bills pending with distt authorities. The Deputy Secretary, MoRD, GoI, New Delhi has advised that MoRD would be reimbursing the cost of training BPL candidate in RSETIs which are graded A/B/AA/AB/BA/BB through the State Rural Livelihood Mission. Most of the banks have submitted reimbursement of training cost of BPL candidates for FY 2011-12, 2012-13 & 2013-14 to SRLM deptt, GoB. The State Govt is requested to arrange for payment of reimbursement cost to banks at the earliest. The modalities for reimbursement of training expenses of RSETI has been provided by MoRD. Modalities for reimbursement of training cost of RSETIs for 2013-14, 2014-15 has been advised to all banks having RSETI responsibilities. Banks are requested to submit reimbursement claim for 2013-14 and 2014-15 onwards to SRLM, Govt. of Bihar at the earliest for settlement.
[24] AGENDA-XVII FINANCIAL LITERACY INITIATIVES Financial Literacy Centers (FLCs) are functional in all the districts in the State. 600601 persons participated in 12597 camps organised by the FLCs during the third quarter of FY 2015-16. The information pertaining to FLCs in the State is placed at Page No. 24A for information. As per instructions received from the GoI, all rural branches are to conduct at least one financial literacy camp in each month and Financial Literacy Guide, Diary & Poster, designed by RBI, is to be used by the branches in the camp to explain the basic financial issues. The data of Financial Literacy Camps organised by rural branches in the districts is placed at page no. 24B. During last meeting of sub-committee of SHG and RSETI on 24.07.2015, it was decided that all the banks would submit their requirement of Financial Literacy Materials so that it can be printed under the reimbursement program of NABARD but till date of preparation of this AGENDA no banks had given their requirement. All bank to review the position. All Banks are requested to ensure that their rural branches undertake Financial Literacy activities using the standard Financial Literacy materials at the required intervals. Revised guidelines on Financial Literacy Centres (FLCs) are enclosed on page no. 24C to 24K
[25] AGENDA-XVIII MICRO, SMALL & MEDIUM ENTERPRISES The Reserve Bank of India s instructions to the scheduled commercial banks, as advised vide MSME Development Institute, Patna letter No. SLBC/MSME-DI/2011/1306 dated 14 th March, 2012 regarding enhancing credit flow to Micro, Small & Medium Enterprises (MSMEs), is as under:- 1. Achieve a 20% year-on-year growth in credit to Micro & Small Enterprises to ensure enhanced credit flow. 2. Allocation of 60% of the MSE advances to the Micro Enterprises is to be achieved in stages viz. 50% in the year 2010-11, 55% in the year 2011-12 and 60% in the year 2012-13 and 3. Achieve a 10% annual growth in number of Micro Enterprises accounts. The performance of Banks in this regard as on 31.12.2015 is placed at page no. 25A of the Agenda Book. SMALL ROAD TRANSPORT OPERATORS (SRTOs) Against the target of financing 22000 units, Banks in the state have sanctioned loan amounting to Rs. 402.35 Crore for purchasing 11499 vehicles by SRTOs up to the third quarter of FY 2015-16 which is 52.27% of the annual target. Bank-wise performance is furnished on Page No. 25B. ADVANCES GRANTED UNDER CGTMSE COVERAGE A total of 20857 units were financed by Banks involving Rs.840.75 Crore with CGTMSE cover, up to the third quarter of FY under review. Further, loans amounting to Rs. 811.97 Crore were disbursed to 20751 units under CGTMSE cover. Considering the wide scope available for coverage of loans under CGTMSE, controlling Head of all Banks in the state are requested to instruct their operating functionaries to cover all the eligible units under CGTMSE. Bank-wise performance data is furnished on Page No. 25C for information of the House. ADVANCES GRANTED UNDER MANUFACTURING SECTOR Against the financial target of Rs.2400 Crore for the year 2015-16, up to the third quarter of FY under review loan amounting to Rs 1626.00 Crores were sanctioned to 70729 units and out of that Rs. 1609.26 Crores were disbursed among 70685 units under Manufacturing Sector. The achievement of all banks taken together is 67.75% of the targets allocated. Bank-wise performance data is furnished on Page No. 25D for information of the House.
AGENDA-XIX [26] WEAVERS CREDIT CARD Weavers Credit Card (WCC) scheme aims at providing adequate and timely assistance from the Banks to the Weavers to meet their credit requirements i.e. the investment needs as well as the working capital needs of weavers in a flexible and cost effective manner. The Scheme is valid for both rural and urban areas. Controlling Head of all Banks of the State are requested to initiate requisite steps for proper implementation of the Scheme in the State. Against the target of 5600, 1394 applications for loans amounting to Rs. 11.54 Crore have been sanctioned by Banks during the period under review. Performance under WCC is not satisfactory. All the banks are requested to step up the efforts to achieve the target. The Bank-wise achievement as on 31.12.2015 is furnished on Page No. 26A. FOOD PROCESSING UNITS In the 44 th SLBC meeting Food Processing industry was identified as focus area for the State Banks have sanctioned loans amounting to Rs.565.24 Crore to 1360 Food Processing Units up to the third quarter of financial year 2015-16. Controlling Head of all Banks are requested to instruct their operating functionaries to intensify efforts for increasing finance to such units. Bank- wise performance is furnished on Page No. 26B for information.
AGENDA-XX [27] SECURITY RELATED CONCERN OF BANKS Many instances of Dacoity, Theft and other security related incidents have been reported by Banks as under: Incidents of Dacoity /Theft etc. Sl. No. Name of the Bank Branch Name District Date of Incidence Nature of Incidence 1. CANARA BANK Rajla Oraiya Jamui 02.02.2015 Kidnapping 2. Bihar Gramin Bank Madhopur Jamui 27.02.2015 Dacoity 3. Canara Bank Jamui Jamui 13.04.2015 Kidnapping 4. Bihar Gramin Bank Bhagalpur Bhagalpur 26.05.2015 Dacoity 5. Bihar Gramin Bank Sanhaula Bhagalpur 11.06.2015 Dacoity The Above mentioned data suggests that criminal activities have increased in the area of operation of Banks in general and as such staff members have developed a sense of insecurity. The State Government is therefore requested to expedite the process of raising a special battalion of police personnel for security of Banks so that the Bankers are able to provide unhindered Banking services to the people in a more secured environment, especially in remote areas. The Banks are facing problem in renewal of Gun Licenses as well as obtaining fresh licenses for their security guards. The State Govt. is requested to issue suitable instructions to district authorities for resolution of such issues and also arrange for regular meeting of district level security committee so that the district related security issues are sorted out. AGENDA-XXI SPECIAL CENTRAL ASSISTANCE (SCA) TO SPECIAL COMPONENT PLAN (SCP) FOR SCHEDULED CASTES The Govt. of India's scheme provides for Special Central Assistance (SCA) to be utilised in conjunction with Special Component Plan (SCP) for Scheduled Castes (SCs). A Copy of letter of Joint Secretary, Ministry of Social Justice, Govt. of India containing the details of the scheme was placed in the Agenda Book of 46 th SLBC meeting held on 26.11.2013 All Banks are requested to provide financial assistance to the Scheduled Caste people to bring about economic development of Scheduled Caste families in the state. The State Govt. is requested to circulate the salient features of the scheme to facilitate financial assistance under the scheme, by the banks.
[28] AGENDA-XXII MISCELLANEOUS ISSUES REGISTRATION OF SECURITY INTEREST WITH CENTRAL ELECTRONIC REGISTRY (CERSAI) MEMBERSHIP FOR CERSAI IN SLBC MEETINGS Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) is a Government Company which provides the platform for filing registrations of transactions of securitisation, asset reconstruction and security interest by the banks and financial institutions to avoid multiple loaning on the same security. The Banks are requested to register their transaction on CERSAI portal for avoiding multiple loaning on security which will help in reduction of NPA. ESCALATION IN STAMP DUTY PAYABLE ON SECURITY DOCUMENTS The escalation in stamp duty payable on security documents pertaining to non-agri loans from Rs. 100/- to Rs. 1000/- is acting as a hurdle in credit dispensation to small borrowers, particularly under retail lending, DRI, WCC etc. During the 54 th SLBC meeting, it was informed that abolishment/reduction of stamp duty for non-farm sector loan up to Rs. 1.00 lacs is under process and will be intimated shortly. The State Government is earnestly requested to look into the matter so that the credit growth, particularly under small loan segment, is not adversely affected. SKILL LOAN FINANCING Ministry of Skill Development and Entrepreneurship, Govt. of India has formulated a revised Model scheme for skill loans wef 15 th July, 2015 which is yet to be launched. In this regard, we enclose a copy of letter no. F. No. 6(4)/2014-CP-IF-II dated: 30 th June, 2015 received from MoF, GOI through mail on page no. 28A. Banks are advised to keep themselves in readiness to finance under Skill Loans when details of the scheme is announced by appropriate authority. START-UP INDIA PROGRAMME Reserve Bank of India vide letter no. FIDD.MSME & NFS.No./06.02.31/2015-16 dated: October 19, 2015 (Copy enclosed) informed launching of Start- up India Program by the Hon ble Prime Minister of India during his Independence Day address to the Nation. Banks are advised to take appropriate measures to implement the scheme for extending credit to tribal/dalit/women entrepreneurs through all branches and to submit data thereof to SLBC in the performa prescribed by RBI.